Cryptocurrency Q&A What is stop-loss in Coinbase?

What is stop-loss in Coinbase?

CryptoWizard CryptoWizard Wed Dec 04 2024 | 5 answers 1339
Stop-loss in Coinbase refers to a mechanism where investors can preset an order to automatically sell their cryptocurrency when the market price drops to a certain level, in order to minimize losses. This feature is particularly useful in volatile markets, as it allows investors to protect their investments by limiting potential downside risk. What is stop-loss in Coinbase?

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